Powell stresses the central bank's independence in a speech that comes amid continuous pressure from the White House to cut interest rates.The Fedread more
Melania Trump said in a tweet that she is "excited to have Stephanie working for both sides of the @WhiteHouse."Politicsread more
Acting Customs and Border Protection Commissioner John Sanders will resign amid furor over the Trump administration's treatment of migrant children.Politicsread more
Investors are piling into gold, sending the precious metal to a six-year high, and analysts think the commodity has established a base to go even higher.Marketsread more
More than 300 companies are talking to government officials in Washington about the how detrimental the trade war is.Marketsread more
The Conference Board, a business research group, on Tuesday released the June update for its consumer confidence index.Economyread more
Massachusetts Institute of Technology President L. Rafael Reif warned the MIT community of "serious long-term costs" to in an email to the school community Tuesday.Technologyread more
These are the stocks posting the largest moves midday.Market Insiderread more
The yield on the benchmark 10-year Treasury note fell below 2% on Tuesday as investors looked for safety following the release of much weaker-than-expected confidence data.Bondsread more
Trump slams Iran on Twitter for issuing a "very ignorant and insulting statement" after the U.S. slapped fresh sanctions on Tehran.Politicsread more
Investors plow into the precious metal amid the prospects for lower interest rates, a softer global economy and increased geopolitical tensions.Marketsread more
Facebook denied building eye-tracking software in its response to questions from Congress released Monday but said if it ever did build out the technology, it would take privacy into account.
The social media company holds at least two patents for detecting eye movements and emotions, which it said "is one way that we could potentially reduce consumer friction and add security for people when they log into Oculus or access Oculus content." Oculus is a virtual reality platform that Facebook bought in 2014.
"Right now we're not building technology to identify people with eye-tracking cameras," Facebook said in its written response. "If we implement this technology in the future, we will absolutely do so with people's privacy in mind, just as we do with movement information (which we anonymize in our systems)."
Facebook is still dealing with the fallout from reports of widespread data mishandling and abuse of sensitive user information, spurred by revelations that research firm Cambridge Analytica improperly accessed user information on as many as 87 million people.
The company has overhauled its privacy policies and vowed to be more transparent with users, investors and regulators going forward.
— CNBC's Arjun Kharpal contributed to this report.